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KNOW THE DIFFERENCE BETWEEN REAL ESTATE VALUATION AND APPRAISAL

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Often the terms, real estate appraisal Sydney and valuation are used synonymously, but in reality, both differ in meaning. There is a difference in procedure and approach of formal valuation as opposed to obtaining an appraisal. Let’s take a look at the basic difference between valuation and appraisal to make some informed decisions on property matters.